The PTSC LDV FSO started its 10-year firm charter on 20 September 2026, with options for up to five more years. Production at Lac Da Vang is expected to increase through 2028 as further wells enter service.
Yinson Production has priced $1.458 billion in senior secured notes to refinance the Agogo FPSO offshore Angola, marking what the company describes as the largest FPSO project bond to date.
Yinson Production will upgrade FPSO John Agyekum Kufuor offshore Ghana, increasing gas export capacity to 355 MMscf/d. The agreement also extends the vessel’s firm lease to 2036 and adds $600 million to its backlog.
Yinson Production has named FSO PTSC Lac Da Vang ahead of its deployment to the Lac Da Vang field offshore Vietnam. The 500,000-barrel double-hull vessel is expected to begin storage and offloading operations in the fourth quarter of 2026.
Yinson Production has started the CCS unit on FPSO Agogo, marking a milestone for offshore post-combustion CO2 capture at the Agogo Integrated West Hub offshore Angola.
Yinson Production has secured ABS approval for its Meridian purpose-built FPSO hull design, strengthening its position in the offshore oil and gas sector.
